Income Maintenance Period

Home > Financial Focus

Leave and redundancy payments may affect a persons social security benefit
amount under the income maintenance period (IMP). Under the IMP an amount
included in the individuals income test for a specified number of weeks. This can
result in the person receiving a reduced entitlement or precluding them entirely
from receiving a payment.
A person can be required to serve and IMP where they are claiming:
Newstart Allowance
Youth Allowance
Partner Allowance
Austudy Payment
Widow Allowance
Parenting Payment
Disability Support Pension (except if the individual is permanently blind), or
Sickness Allowance


"Self-employed people often earn a decent income while working. However, without the benefit of employer-paid superannuation contributions often have little money to live on in retirement. Don’t rely on selling..."

Don’t neglect retirement savings
See More Testimonials

Meet the Team at Momentum

Donna Hale

Office Manager
Team Profiles

Newbrocom Pty Ltd (ABN 39 152 026 330) trading as Momentum Financial Planning is an authorised representative of Charter Financial Planning Limited, Australian Financial Services Licensee Licence number 234665.



Momentum Financial Planning is one of a select number of businesses that has been awarded Certified Quality Advice Practice status by Charter Financial Planning. This programme sets an industry benchmark for providing high-quality financial advice. The certification is awarded based on industry qualifications, demonstrated best practise business operations and proven success in meeting the financial planning needs of clients.

© Momentum Financial Planning 2010 - 2019 All Rights Reserved :: Website by Giant Media :: ADMIN